17 Faulkner Drive, Edgartown, MA 02539

17 Faulkner Drive Edgartown MA 02539
Owner Information
Owner 1
Isabelle Lew
Owner 2
Owner's Address
755 Page Mill Rd, Suite A200 Palo Alto, CA 94304
Market Sale Information
Most recent sale date
12/1/2021
Previous sale date
5/16/2014
Transfer document #
83-143
Previous transfer document
0074-0225
Grantor
Joseph A Carlucci
Previous grantor
Joseph A Carlucci
Most recent sale price
$25,000,000.00
Previous sale price
$1.00
Site Information
Property ID
45-124
Lot Size
2.1
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Estate
Number of Rooms
Stories
2
Number of Beds
5
Year Built
2014
Number of full baths
6
Condition
Number of half baths
3
Finished Area
6785
Number of Kitchen
Gross Living Area
11194
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Cedar or Redwd
Assessment Information
Fiscal Year
2025
Land Value
$11,204,300.00
Total value
$23,815,600.00
Building value
$12,611,300.00
Estimated tax
$63,111.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000$30,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
3 Dunes Road17 Faulkner Drive$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000$30,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 17 Faulkner Drive A) 3 Dunes Road
Photo
Plan
Map
Proximity 0.6
Last Sold 12/30/2024
Price $10,000,000
Net Living Area 5,593
Stories 2
Sale Price/sft $3,684.60$1787.95
Style EstateCustom
Age 20142005
Rooms 12
Bedrooms 54
Full baths 64
Half baths 32
Gross Living Area 111949367
Heating Fuel OilGas
Detached Garage
Lot Size 2.11.5
Roof Cover Wood ShingleAsph/F Gls/Cmp
AEM Value - Building $12,611,300.00$4,162,600
AEM Value - Land $11,204,300.00$1,710,300
AEM Value - Other $0.00$0
AEM Value - Total $23,815,600.00$5,872,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 17 Faulkner Drive 12/1/2021 $25,000,000 0 Estate 6,785 2.1 5 6-3 -
  Criteria
A 3 Dunes Road 12/30/2024 $10,000,000 0.6 Custom 5,593 1.5 4 4-2
Averages 140 days $10,000,000 0.58 --- 5,593 1.5 --- ---  

Estimation of Market Value - $26,341,461

As of today, 05/19/2025, the estimated market value of 17 Faulkner Drive, Edgartown considering the above 1 comparable properties is $26,341,461.

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Subject Property18 Edgartown Bay Road5 Edgartown Bay Road21 Edgartown Bay Road11 Edgartown Bay Road17 Edgartown Bay Road11 Faulkner Drive23 Edgartown Bay Road375 Katama Road17 Faulkner Drive$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000$30,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 17 Faulkner Drive 12/1/2021 $25,000,000 0 Estate 6,785 2.1 5 6-3 -
  Criteria
A 11 Edgartown Bay Road 8/18/2016 $1 0.0 Ranch 484 0.87 1 1-0
B 11 Faulkner Drive 11/24/2009 $1 0.0 Colonial 2,571 2.4 3 2-0
C 17 Edgartown Bay Road 8/24/2021 $10 0.1 Cape Cod 2,750 1 5 4-1
D 21 Edgartown Bay Road 9/4/2019 $1 0.1 Ranch 1,692 1.1 4 3-0
E 375 Katama Road 8/17/2007 $13,500,000 0.1 Custom 4.6 6 6-1
F 5 Edgartown Bay Road 12/19/2018 $1,200,000 0.1 Vacant Land 1.84 -
G 18 Edgartown Bay Road 9/4/2019 $1 0.1 Vacant Land 1.5 -
H 23 Edgartown Bay Road 10/1/2018 $10 0.1 Estate 4,214 1.1 5 3-1
Averages 3204 days $1,837,503 0.08 --- 1,464 1.8 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
45 124 17 Faulkner Drive